Sure, ROI calculators help distill anecdotal evidence and analyze cost savings associated with travel, but it usually goes something like this: total hours spent traveling + cost of hotel, rental car, and food divided by the number of meeting hours. Well, at least that’s one version.
No matter the final number, the ROI total savings on cost of travel is only part of the story. Calculating the true ROI of video conferencing combines facts with real-life tangibles to help you understand and quantify your investment.
Business travel accounts for the majority
of your employee expenses. Travel and
expenses are intrinsically linked, so why
not manage them together?
When you combine travel and expense, some
questions are easier to answer:
• Where can I find a full picture of travel and
expense spend?
• Are expense claims aligned to my travel policy?
• Can I reclaim some VAT?
To connect travel and expense management,
businesses usually look for software that can
manage both processes from beginning to end.
This is commonly referred to as an integrated
solution. The results could be cost savings,
faster delivery or improved employee adoption
and satisfaction
In an effort to learn the challenges and concerns of travel managers across a broad spectrum, we interviewed Travel Managers from across North America. The findings have been complied into this study: Voice of the Customer.
When managing monetary, productivity, and other intangible costs within your travel program, there are material, avoidable costs that can be converted to realized savings with the right focus and tools.
Just six months after signing on with Egencia for their corporate travel management, NASDAQ OMX Group, Inc. (“NASDAQ OMX”), has realized savings of $500,000 (a 32% reduction), increased online adoption from 30% to 61% and reduced the number of hours needed to manage the travel program by 50 hours per week. In addition, 90% of surveyed travelers indicated they would recommend Egencia to a colleague.
COCC, a leading provider of technology services for community banks and credit unions, needed a way to reach distant customers without increasing travel costs. That's when COCC decided to try online meeting technology.
The purpose of this paper is to quantify the benefits of workshifting -- specifically working from home -- has for employers, employees, and the community.
The purpose of this whitepaper is to quantify the benefits of workshifting -- specifically working from home -- has for employers, employees, and the community.
In today’s business world, there is usually a lot of travelling taking place to secure contracts, meet clients, or visit satellite offices around the world. However, all of this moving around can be costly and poorly managed. Nevertheless, there are simple solutions for your travel managers. Download this whitepaper to learn how to properly manage your organization’s air travel budget and understand how air contracts are built and designed in order to balance your organization’s maximum cost savings with achievable contract obligations.
In this white paper we will review the four essential features your travel management program needs:
• Balancing cost savings and customer service
• Implementing intelligent, high-level technology
• Maximizing supply relationships
• Getting the most from account management
Polycom and Quocirca surveyed over 800 business video conferencing users around the world on the state of video adoption. The global findings revealed that there distinct advantages beyond travel savings, including improved team work and productivity. This report explores why some organizations have embraced and benefited from the use of video communications and why some have not. It outlines the positive visual cultural aspects that drive adoption, as well as the challenges that seem to hold some organizations back.
The purpose of this paper is to quantify the benefits of workshifting -- specifically working from home -- has for employers, employees, and the community.
